This spacious 4-bedroom, 2-bathroom colonial is a fantastic opportunity for both investors and first-time homebuyers alike. Situated on a sizable lot, this home offers a great blend of space, character, and potential! With over 1,600 sq. ft. of living space, this home features large rooms, tall ceilings, and classic architectural details that give it traditional appeal. The welcoming covered front porch is perfect for relaxing evenings, while the spacious living and dining areas make entertaining easy. The home also includes a full basement, offering plenty of storage or room for future finishing, and a private driveway with off-street parking for added convenience. Located just minutes from University Circle, tenants or homeowners will appreciate being close to major employers such as the Cleveland Clinic, University Hospitals, and Case Western Reserve University. The home is also near cultural landmarks like the Cleveland Museum of Art, the Cultural Gardens, Rockefeller Park, and provides quick access to downtown Cleveland, shopping, dining, and public transit. Whether you're looking to expand your portfolio or settle into your first home, 550 E 107th St delivers both value and potential in one of Cleveland's most connected neighborhoods.